4 ms·

What are these "extremely onerous terms"? There aren't any. They will pay you 70% of retail, on time, every month. "Note that if your Digital Book is eligible

by pja 12y ago

What are these "extremely onerous terms"? There aren't any. They will pay you 70% of retail, on time, every month. "Note that if your Digital Book is eligible for the 70% royalty option, your Digital Book will earn 70% on each sale of the Digital Book at a Promotional List Price set under the Kindle MatchBook program regardless of whether the Promotional List Price is within the maximum and minimum list price requirements for the 70% royalty option." What does that mean? It means that Amazon can set any price they like for your book, right down to $0.00 and as the author you get to eat it - your sole remedy is to withdraw the book from sale with a 5 day delay. Amazon makes an error and misprices your book, resulting in half your expected sales being made at $1 instead of $10? Tough - you get to eat it (and yes, this has happening to authors in the past).

Turing_Machine 12y ago
"What does that mean? It means that Amazon can set any price they like for your book" It means nothing of the sort. The MatchBook program is a special deal that you have to enroll your book in yourself (it lets people who've purchased your paper book get the ebook at a discount). What it actually means is that if you have voluntarily signed up for MatchBook, you're only going to get 70% of the discounted price, not 70% of the list price. If you're not signed up for MatchBook this doesn't apply at all.
- pja 12y ago
  Sorry wrong bit. Relevant terms are: "5.3.4 Customer Prices. To the extent not prohibited by applicable laws, we have sole and complete discretion to set the retail customer price at which your Digital Books are sold through the Program. We are solely responsible for processing payments, payment collection, requests for refunds and related customer service, and will have sole ownership and control of all data obtained from customers and prospective customers in connection with the Program. " ie, the author gets to set the "list price", but Amazon sets the sale price. However, looking down the contract, it appears that they pay either a 35% or (70% - costs) royalty based on the list price for both choices. I'm fairly sure it used to be the case that Amazon applied the (70%-costs) royalty to their sale price, which they could change at will, unlike the 35% option, where you always got 35% of list. Either I'm wrong or they've changed this since I last looked at the whole Kindle contract set up.
  - Oletros 12y ago
    https://kdp.amazon.com/help?topicId=A30F3VI2TH1FR8#1-5_Who_determines_price https://kdp.amazon.com/help?topicId=A30F3VI2TH1FR8#1-5_Who_d...
  - deleted 12y ago
    [deleted]

by pja 12y ago

Turing_Machine 12y ago

"What does that mean? It means that Amazon can set any price they like for your book" It means nothing of the sort. The MatchBook program is a special deal that you have to enroll your book in yourself (it lets people who've purchased your paper book get the ebook at a discount). What it actually means is that if you have voluntarily signed up for MatchBook, you're only going to get 70% of the discounted price, not 70% of the list price. If you're not signed up for MatchBook this doesn't apply at all.

pja 12y ago
Sorry wrong bit. Relevant terms are: "5.3.4 Customer Prices. To the extent not prohibited by applicable laws, we have sole and complete discretion to set the retail customer price at which your Digital Books are sold through the Program. We are solely responsible for processing payments, payment collection, requests for refunds and related customer service, and will have sole ownership and control of all data obtained from customers and prospective customers in connection with the Program. " ie, the author gets to set the "list price", but Amazon sets the sale price. However, looking down the contract, it appears that they pay either a 35% or (70% - costs) royalty based on the list price for both choices. I'm fairly sure it used to be the case that Amazon applied the (70%-costs) royalty to their sale price, which they could change at will, unlike the 35% option, where you always got 35% of list. Either I'm wrong or they've changed this since I last looked at the whole Kindle contract set up.
- Oletros 12y ago
  https://kdp.amazon.com/help?topicId=A30F3VI2TH1FR8#1-5_Who_determines_price https://kdp.amazon.com/help?topicId=A30F3VI2TH1FR8#1-5_Who_d...
- deleted 12y ago
  [deleted]